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Software Functionality Revealed in Detail
We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.
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 employee reward management and practice


Total Reward Management: Don't Leave Your Line Manager Alone
A total reward management system can help companies leverage their most complex and volatile asset: its human capital. Partnerships between human resources and

employee reward management and practice  such as Is the employee eligible for a specific reward element? If so, in which measure, or within which value range? What percentage of people in the company, with a similar profile, have that element and in which quantity? Which elements have been offered by other managers to people with a similar profile? The communication platform must facilitate the circulation of an organized offer in the form of a catalog. The line manager has to be dynamically supported in the choice of products or services

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Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

Incentive and Compensation Management

Enterprise incentive management (EIM) and employee compensation management sit between HR, CRM, Accounting, and sales force automation. These applications help sales executives gain perspective on sales performance, business operations, and manage compensation programs. EIM solutions are used to improve sales strategies. 

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Nothing Succeeds Like Success(Factors) - Part 1


In addition to the Giants’ Major League Baseball (MLB) World Series 2010 victory, San Francisco has been even more famous for its software powerhouses, spearheaded by mighty and ever-acquisitive Oracle and the cloud computing trailblazer salesforce.com. Another company from the same metro area that has lately had admiration and accolades lavished upon it is SuccessFactors

employee reward management and practice  Can the organization measure employee performance objectively and consistently? Does the organization know who its real performers and leaders are? Are employees in their right jobs? Are they happy, motivated, and engaged at work? Are employees promoted based on clear  key performance indicators (KPIs)  of what it takes to be successful? Do they understand their own potential and how to get to the role they want? Are employees clear on how their pay relates to their own performance? Are they clear on Read More

Are You Ready for Enterprise Feedback Management?


Enterprise feedback management (EFM) is the process of systematically collecting, analyzing, consolidating, and using all sources of feedback to improve your company and your overall profitability. EFM includes not only aggregating feedback from multiple stakeholders, across multiple channels, but also getting real-time, actionable information to where it’s relevant in the company. Learn more about implementing EFM.

employee reward management and practice  the customer, vendor, or employee chose to present it to you)? Is someone being held accountable to “fix” any problems uncovered? What process tool is being used to ensure that follow-up action is occurring? How is positive feedback channeled back to the frontlines or to training programs for reward and replication? And finally, do you know how these various types of feedback influence each other? For example, how will declining employee satisfaction impact customer satisfaction? And how will Read More

Compensation 101: The Building Blocks for Designing a Strong Performance Compensation Plan


Employees: The backbone of every organization. Motivation: Often the driving factor behind an employee’s performance. Compensation: The motivation. What I’m trying to say (if you couldn’t read between the lines) is that rewarding your people can ultimately lead to an increase in your bottom line. This can be achieved through the creation of a strong performance compensation plan.

employee reward management and practice  amount to which an employee is entitled, before deductions, and exclusive of additional compensation. 2.  Annual incentive plans : distribution of monetary reward based on the completion of previously identified goals/objectives (e.g., bonuses, merchandise prizes). 3.  Long-term incentive plans (LTIPs) : A reward system designed to improve an employees' long-term performance by providing monetary rewards that are not necessarily tied to the company's share price. 4.  Perquisites (perks) : These are Read More

Why Employee Performance Management Technology Matters to CEOs


While the board has no business telling management which employee performance management (EPM) system to use, it does have the right to ensure an effective system is in place. EPM is one of the central tools for directing and monitoring activities right across an organization. Employing this system will ensure that any goals set out by management are clearly visible to everyone up the chain of command—including the CEO.

employee reward management and practice  perspective a smoothly run employee performance management system is a way of keeping talented employees happy. It supports the retention of employees, and in particular, the retention of the best employees. It is a way to ensure the intent of the reward system is realized in practice. How Hard Is It To Do his? Employee performance management technology, which is still new enough to sound a bit exotic, has matured to the point that it is neither expensive nor diicult to implement. Diferent vendors will Read More

Vulnerability Management Buyer's Checklist


Here's an easy, effective way to cover yourself: download the vulnerability management buyer's checklist: key questions to ask before you select a ...

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Oracle Enterprise Asset Management


Oracle Enterprise Asset Management (EAM) optimizes availability and utilization of assets. Oracle's products help companies manage inventory, equipment, and skilled personnel as well as match these resources to asset maintenance demands.

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Integrating Customer Relationship Management and Service Resolution Management


The business case for integrating call center service resolution management into customer relationship management is becoming increasingly obvious, as companies need to rely more on inbound (customer-generated) calls than on outbound telemarketing efforts.

employee reward management and practice  would want the customer-facing employee, whether in the branch or contact center (if not even an intelligent online software agent), to recognize that here lies an opportunity to cross-sell a home insurance policy to the client as well. Having a complete customer profile enables users to quickly identify key attributes about a customer, such as whether the customer has multiple accounts with the bank, and therefore is a customer the bank would not want to lose. Naturally, customers are highly sensitive Read More

Enter Enterprise Incentive Management and Incentive Compensation Management


Companies with large sales forces, huge product portfolios, and complex incentive plans with many variables need to offer variable pay. This has created opportunities for a new enterprise software category called enterprise incentive management (EIM), or incentive compensation management (ICM).

employee reward management and practice  in retail situations where employee compensation is tied to store productivity and profitability. As for a simplified description of how an EIM suite works: one starts by configuring the software to model the internal rules and structure of the user enterprise's commission and bonus programs. The software then imports sales and other performance data from a company's enterprise resource planning (ERP) or back-office system (meaning the sales and service order management and human resources [HR] modules), Read More

Business Performance Management Basics: An Overview of Business Performance Management and Its Benefits to the Organization


Business performance management (BPM) includes setting key performance indicators, using data mining to discover data patterns and using software to help drive business decisions and develop corporate strategy. For an organization, there are many benefits to implementing a BPM solution.

employee reward management and practice  to measure and improve employee performance. Setting the right KPI and providing that information to the right people can make the difference between implementing a successful BPM tool and a total failure. Data mining, also called knowledge discovery in databases (KDD), uncovers data patterns within databases. It is used as a tool to discover patterns among large amounts of data. Data mining allows organizations to identify why things happen, and helps them make connections between seemingly unrelated Read More

Smartree Talent Management Suite


Smartree Talent Management Suite manage complex and resource-consuming processes like personnel administration, time registration, organisational charting, performance evaluation, training administration, recruitment and others, transforming them into effective and enjoyable activities, for which the administrative and bureaucratic aspects are fully carried out by computers, in a timely and accurate manner.

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Why Invest in Talent Management? Five High-ROI Business Drivers for Implementing a Talent Management Program


Clearly, with skilled workers retiring and the pace of change accelerating, recruitment alone can’t supply the smart leaders, strong managers, high performers, and ever-changing skills sets necessary for success. That’s why organizations can see solid return on investment (ROI) by balancing recruitment with an investment not just in training, but in comprehensive talent management. Download this white paper to read more.

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Warehouse Management Systems: Pie in the Sky or Floating Bakery?Part Two: The Pareto Principle, Processes, and People: Assessing Your Warehouse Management System Needs


To ensure your warehouse management system is implemented as painlessly as possible, you must assess your warehouse situation before you decide on a warehouse solution. Using the Pareto Principle, where a minority of inputs yields the majority results; examining your processes; evaluating your personnel; monitoring the progress of implementation; and testing are the best ways to ensure both a successful launch and long term return on investment.

employee reward management and practice  articulate it to other employees. Because they are the people everyone will go to when they have a problem, you want to make sure you designate someone based on these skills, not just the someone who thinks this is a cinch. Document your processes. This means your new processes! Your people need to see in writing what they are to do for every problem and in every scenario. This will prevent multiple versions of the same process. Your super users need guidance and the documentation will give it to them. Read More

Business Process Management Notations within Business Process Management


Business process management notation (BPMN) is an initiative to increase standardization within process modeling. What are the principles of BPMN, and what is the value of BPMN to vendors and organizations using business process modeling?

employee reward management and practice  BPM,business process management,BPMN,business process management notation,BPMI,Business Process Management Initiative,business process diagram,BPD,flow objects,connecting objects,swimlanes,artifacts Read More